HyperSolar (OTC:HYSR) announced an e-mail promotion campaign at the opening bell this morning and, as with many stocks I’ve written on before, a buying frenzy ensued. According to the e-mail I received, the Company compensated the e-mail provider $25,000 for its services and has already more than doubled its share price in the first hour of trading this morning. As I write, shares of HyperSolar were up 83 percent at $0.22 per share on very heavy volume of nearly 3 million shares compared to its average daily volume of only 44,000 shares.
HyperSolar, a developer of a breakthrough technology to magnify the power of the Sun to significantly increase the power output of solar cells, announced yesterday that its new design models show potential magnification of 300%.
"We are very excited about this breakthrough by our development team,” said HyperSolar’s CEO, Tim Young. “Considerable work has been done in the solar industry to make solar cells more efficient. However, we believe that a critical advancement will be to actually control the delivery of sunlight onto solar cells. At HyperSolar, we are developing the world’s first thin and flat light magnification layer for direct application on top of standard solar cells to increase their power output.” Mr. Young continued, “We are encouraged by our recent results. Our plan is to move to the prototype stage early next year and then to a commercial product.”
HyperSolar’s innovative thin and flat light magnification layer employs thousands of very small light collectors on the surface that funnel light into a proprietary light routing network in the middle that carries light to a smaller output area on the bottom where a solar cell can be attached. Instead of using 3 solar cells to cover an area on a solar panel, only 1 solar cell is needed underneath a 300% HyperSolar layer. This allows solar panel manufacturers to reduce the number of expensive solar cells in their panels, by 66%, and dramatically reduce the cost per watt of their solar panels.
Mr. Young added, “The higher the light magnification in the HyperSolar layer, the higher the power magnification of the attached solar cell. As part of our development plan, we are exploring various designs and microphotonic elements to increase the magnification by as much as 400% in the final product.”
HyperSolar is developing a breakthrough technology to magnify the power of the Sun to significantly increase the power output of solar cells. Based on innovative microphotonics and low cost manufacturing processes, HyperSolar is developing the world’s first thin and flat light magnification layer for direct application on top of standard solar cells to increase cell power output by as much as 400%. With HyperSolar as the top layer, manufacturers can use significantly fewer solar cells in the production of solar panels, thereby dramatically reducing the cost per watt of electricity.
To learn more about HyperSolar, please visit its website at http://www.HyperSolar.com
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